Subject: File No. 4-606
From: Jim W Keung
Affiliation: Agency Manager, Country Financial

August 4, 2010

I am writing regarding the SEC's pending decision to impose a legal fiduciary standard on broker-dealers and their registered representatives. I have been in the business for over 8 years. Over the years, I know that I have conducted myself in a professional matter in providing assistance to my client in their best interest at heart. In a field that is already filled with safeguards and audits, this standard is not only unnecessary but the standard would be very subjective. Having more rules and regulations will simply make conducting business much more cumbersome for those who have always done the right things for their clients. For those who have never done that, such law will not deter them as they will always manufacture some ways to skirt the system. FINRA already have the ability to conduct regular and surprise audits. Consumers have the rights to file complaints if they feel that they are treated improperly and FINRA will investigate these complaints. At what point, does such a decision help what is already in place?